المستودع الأكاديمي جامعة المدينة

Hysteresis and Persistence in the Course of Unemployment: The EU and US Experience

أعرض تسجيلة المادة بشكل مبسط

dc.creator Dreger, Christian
dc.creator Reimers, Hans-Eggert
dc.date 2006
dc.date.accessioned 2013-10-16T07:00:06Z
dc.date.available 2013-10-16T07:00:06Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18465
dc.identifier ppn:510324894
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18465
dc.description We investigate hysteresis and persistence behaviour in the course of unemployment in EU countries and US states by means of first and second generation panel unit root tests. While the former tests assume independent cross sections, the latter control for dependencies. The first generation tests indicate, that unemployment is persistent, but nevertheless stationary. Second generation tests reveal mixed results, but the evidence for stationarity is much stronger for the US. Hysteresis in EU unemployment is attributed to the idiosyncratic, but not to the common component. In contrast, idiosyncratic components are stationary in the US. If hysteresis behaviour is also relevant here, it is more likely to arise in the common component. These findings might reflect a lower degree of migration of the unemployed in the EU from starving into prosperous regions, possibly because of language barriers or national labour market regulations.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 572
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject C22
dc.subject E24
dc.subject C23
dc.subject ddc:330
dc.subject Unemployment persistence
dc.subject hysteresis
dc.subject panel unit roots
dc.title Hysteresis and Persistence in the Course of Unemployment: The EU and US Experience
dc.type doc-type:workingPaper


الملفات في هذه المادة

الملفات الحجم الصيغة عرض

لا توجد أي ملفات مرتبطة بهذه المادة.

هذه المادة تبدو في المجموعات التالية:

أعرض تسجيلة المادة بشكل مبسط